X0306 4 2015-01-16 0 0000875296 LAPOLLA INDUSTRIES INC LPAD 0001249152 ADAMS MICHAEL THOMAS C/O LAPOLLA INDUSTRIES, INC. 15402 VANTAGE PKWY E, #322 HOUSTON TX 77032 1 1 0 0 CGO, EVP and Secretary Option (Right to Buy) .325 2015-01-16 4 A 0 300000 0 A 2023-01-16 Common Stock, PV $.01 300000 830000 D The option vests in three equal end of calendar year increments, commencing on December 31, 2015 and ending December 31, 2017, subject to the reporting person meeting certain performance criteria, and once vested, these options are immediately exercisable. /s/ Michael T. Adams 2015-03-19